Analysis of DLF Ltd. Annual Report 2007-08 Financial Accounting Project I. Introduction Promoted by present chairman Mr. K.P. Singh, DLF group is the leading substantial dry land developer in India. Their core business has been into three segments: Homes, Offices and Shopping Malls. They fork oer recently diversified into three more divisions: Hotels, Infrastructure and SEZs. Their mission is to be a world-class real estate emergence accompany with the highest standards of professionalism, ethics and customer service. II. Brief review of operations The company has shown a remarkable ontogenesis in Gross operating(a)(a) Profit and Net Profit after tax. Gross operating profit on consolidated basis was Rs. 9,961.49 Crores, an increase of 243% over 2006-07 and the net profit after tax for the year was Rs.7822.34 Crores, an increase of about 304% over the previous year. phoner entered in mingled joint-ventures for development of hotels and townships and has applied (and gotten permissions) for SEZs. Company has increased its land holdings from 574msf to 751msf of which 85% is located in top 7 cities. They extended their operations to 32 cities and area under construction increased from 44msf to 62msf. With rescue growing at 7-7.5% p.a.
and increasing demand for premium real estate, company expects to deliver a double-digit growth. Company will expect to focus on its strong project execution capabilities piece of music meeting deadlines. III. Financing activities The highlight of the year was hugely in(predicate) Initial Public Offering. Company allotted 175,000,000 equity shares of Rs. 2 each at a price of Rs. 525 per share on June 28, 2007. Around 60% of the money raised by initial public offering was used for acquisition of land and development rights and around 28% was used for pre-payments of loans. Company has proposed to give a generous dividend of Rs 4 per share which is 200% for Rs 2 shares (as compared to 100% last year). Companys financial instruments have continuously been... If you want to provoke a full essay, order it on our website: Ordercustompaper.com
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